• 4 minutes WTI Heading for $60
  • 8 minutes China Ready For Talks With the US to Resolve Trade Issues
  • 15 minutes Pros and Cons of Coal
  • 2 hours Big Brother Is Watching You: Chinese ‘Gait Recognition’ Tech IDs People By How They Walk
  • 49 mins Germany: 'Europe United' Must Be Answer To Trump's 'America First'
  • 2 hours Could EVs Become Cheaper than ICE Cars by 2023?
  • 3 days Bolsonaro Wins in Brazil
  • 2 days Court Blocks Keystone XL Construction
  • 1 hour Major News---Bigger Picture
  • 5 hours A Future of Ultrarich vs Useless
  • 15 hours A lesson from VW
  • 3 days Iran Sanctions Include Sunken Tanker and Closed Bank
  • 3 days 10 Incredible Facts about U.S. LNG
  • 4 days Layoffs, Furloughs and Shutdown at Faraday Future's EV factory
  • 4 days Khashoggi, Oil, Globalism and the PetroDollar
  • 3 days Frankenstein Web Tech World? Father of Web Says Tech Giants May Have To Be Split Up
Oil Is Back In A Bear Market

Oil Is Back In A Bear Market

Oil is undoutedly back in…

Plunging Battery Costs To Trigger Energy Storage Boom

Plunging Battery Costs To Trigger Energy Storage Boom

The cost of producing batteries…

News

BP To Expand Mideast Presence With $2.8B Investment

BP To Expand Mideast Presence With $2.8B Investment

Nov 12, 2018 at 11:06 | Irina Slav

BP will spend US$2.8 billion next year on expanding its operations in the Middle East, a company’s chief executive told The National in an exclusive interview. The supermajor will…

Colombian Pipeline Bombed For The 78th Time This Year

Colombian Pipeline Bombed For The 78th Time This Year

Nov 12, 2018 at 09:32 | Irina Slav

Colombia’s Cano Limon crude oil pipeline that can transport 210,000 bpd of crude has been bombed again, for the 78th time since the start of this year, Ecopetrol, the state…

Oil Thieves Wreak Havoc On Nigeria’s Oil Industry

Oil Thieves Wreak Havoc On Nigeria’s Oil Industry

Nov 09, 2018 at 16:34 | Tsvetana Paraskova

Nigeria’s crude oil and condensate production stood at 2.09 million bpd in October, oil ministry data showed on Friday, with output down by some 70,000 bpd compared to…

U.S. Mulls Fresh Sanctions On Russian Oil

U.S. Mulls Fresh Sanctions On Russian Oil

Nov 09, 2018 at 16:26 | Tsvetana Paraskova

Russia’s oil firms are demanding penalty clauses and payments in euros instead of U.S. dollars in their annual renegotiation of oil supply contracts with Western crude buyers, as the Russian…

China Overtakes Japan As World’s Top Natural Gas Importer

China Overtakes Japan As World’s Top Natural Gas Importer

Nov 09, 2018 at 16:21 | Tsvetana Paraskova

China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow, according…

Rob Baron: Tesla Could Become Trillion-Dollar Company In 2030

Rob Baron: Tesla Could Become Trillion-Dollar Company In 2030

Nov 09, 2018 at 14:17 | Tsvetana Paraskova

Tesla could be a trillion-dollar company in 2030, as its profitability is set to rise, Ron Baron, the founder of Baron Capital and CEO at Baron Funds, told CNBC…

China Overtakes Japan To Become World’s Top Natural Gas Importer

China Overtakes Japan To Become World’s Top Natural Gas Importer

Nov 09, 2018 at 14:14 | Tsvetana Paraskova

China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow, according…

Montana Judge Puts Brakes On Keystone XL

Montana Judge Puts Brakes On Keystone XL

Nov 09, 2018 at 12:50 | Irina Slav

A Montana district court judge has ordered the suspension of construction work on the Keystone XL pipeline on the grounds that violations were made in the government’s environmental review. In…

Russian Bank VTB Funded Rosneft Stake Sale To Qatari Fund

Russian Bank VTB Funded Rosneft Stake Sale To Qatari Fund

Nov 09, 2018 at 09:30 | Irina Slav

Russian VTB, a state-owned bank, funded a significant portion of the Qatar Investment Authority’s acquisition of a stake in oil giant Rosneft, Reuters reports, quoting nine unnamed sources familiar…

Nigeria’s Economy To Grow Faster Due To Fewer Oil Disruptions

Nigeria’s Economy To Grow Faster Due To Fewer Oil Disruptions

Nov 08, 2018 at 17:24 | Tsvetana Paraskova

Nigeria’s economy is expected to grow by 1.9 percent this year, accelerating the growth pace from 0.8 percent last year, thanks to fewer disruptions to its oil production and…

Oilprice - The No. 1 Source for Oil & Energy News